SINTX Technologies Ships First Order of FleX SN-PEEK Composite
SINTX Technologies announced the first shipment of its new FleX SN-PEEK product, launched on July 20, 2021, designed for orthopedic implants. This innovative composite material combines the bioactivity of silicon nitride with the established properties of Zeniva PEEK, enhancing bone healing and infection resistance. The product aims to improve surgical outcomes across various applications, including spine surgery and joint replacements. SINTX continues to expand its customer base in the biomedical market, leveraging its expertise in manufacturing silicon nitride ceramics.
- FleX SN-PEEK offers enhanced bone healing and infection resistance.
- The product is expected to improve surgical outcomes in various orthopedic applications.
- SINTX leverages established materials (Zeniva PEEK) to enhance product effectiveness.
- The launch reflects the company's commitment to innovation in the biomedical sector.
- Market acceptance of the new product is uncertain.
- Risks associated with new product development may affect commercialization.
- SINTX faces competitive pressures that could impact market share.
SALT LAKE CITY, July 27, 2021 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) (“SINTX” or the “Company”), an original equipment manufacturer of silicon nitride ceramic for medical and non-medical applications, announced today the first shipment of its new product, FleX SN-PEEK, which will be used in orthopedic implants.
SINTX’s FleX SN-PEEK product started shipping on July 20, 2021 and combines the unique bioactivity of silicon nitride with the familiarity and properties of Zeniva PEEK, which was supplied by Solvay (www.solvay.com), a global leader in materials, chemicals, and solutions. The composite material has a broad range of applications from spine surgery to joint replacements to craniomaxillofacial medical devices. Based on data from the Company’s silicon nitride, FleX SN-PEEK is expected to facilitate faster bone healing, improve radiographic imaging, avoid metal ion release in the body, and have broad-spectrum resistance to infection compared to PEEK alone.
“The shipping of our new FleX SN-PEEK product is a huge milestone for SINTX, and we couldn’t be more excited,” said Dr. Sonny Bal, President, and CEO at SINTX Technologies. “We’re continuing to leverage the osteogenic and antipathogenic properties of silicon nitride for biomedical applications and believe this is a superior product that has many benefits.”
Zeniva PEEK is a known biomaterial that has been used worldwide and has many advantages including, favorable material modulus, ease of manufacturing, established clinical record, and a track record of use in orthopedics. SINTX believes the combination of PEEK with silicon nitride’s osteogenic and antipathogenic properties results in a truly innovative product, FleX SN-PEEK.
“Our line of FleX SN-PEEK products opens doors to new biomedical areas like craniomaxillofacial, and foot osteotomy and fusion,” said Michael Marcroft, SINTX Vice President of Business Development. “Surgeons are constantly looking for materials and procedures that improve outcomes and reduce complications, and our material fulfills that demand.”
The product launch is the result of SINTX’s commitment to innovation. The Company looks forward to expanding its customer base with this new and exciting platform. With its experience in manufacturing spinal implants made of silicon nitride and previous FDA approvals, SINTX sees ongoing attractive opportunities in the biomedical market.
About SINTX Technologies, Inc.
SINTX Technologies is an OEM ceramics company that develops and commercializes silicon nitride for medical and non-medical applications. The core strength of SINTX Technologies is the manufacturing, research, and development of silicon nitride ceramics for external partners. The Company presently manufactures silicon nitride powders and components in its FDA registered, ISO 13485:2016 certified, and ASD9100D certified manufacturing facility.
For more information on SINTX Technologies or its silicon nitride material platform, please visit www.sintx.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA) that are subject to a number of risks and uncertainties. Risks and uncertainties that may cause such differences include, among other things: market acceptance of the rebranding of company products FleX SN; volatility in the price of SINTX’s common stock; the uncertainties inherent in new product development, including the cost and time required to commercialize such product(s); market acceptance of our products once commercialized; SINTX’s ability to raise funding and other competitive developments. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect management’s current estimates, projections, expectations and beliefs. There can be no assurance that any of the anticipated results will occur on a timely basis or at all due to certain risks and uncertainties, a discussion of which can be found in SINTX’s Risk Factors disclosure in its Annual Report on Form 10-K, filed with the Securities and Exchange Commission (SEC) on March 22, 2021, and in SINTX’s other filings with the SEC. SINTX disclaims any obligation to update any forward-looking statements. SINTX undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this report.
Business Inquiries for SINTX:
SINTX Technologies
801.839.3502
IR@sintx.com
Media Inquiries for SINTX:
Amanda Barry
Associate Director, Content and PR
The Summit Group
abarry@summitslc.com
FAQ
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